I happened to noticed some new crypto reward options on my Coinbase app earlier. 1% Bitcoin 1% Ethereum 1% Dogecoin 1% Dai 4% Rally 4% Amp 4% Graph 4% Stellar Lumens 1% Algorand *New* 1% Solana *New* 2% BTC *New* https://preview.redd.it/xs2scu7l6ur81.jpg?width=2880&format=pjpg&auto=webp&s=3d1863a712565bc60eb060e536b913a2509f1124 This intrigued me. It's nice to see ALGO and SOL join the list.…
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Every hype post gets shot down immediately, and that’s how it should be. submitted by /u/lilcoleslaw [link] [comments]
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I have been holding crypto since 2017 on exchanges. During that time, I have moved apartments, and have changed countries. Ironically, I did buy a hardware wallet in 2018, again due to peer pressure from the community. and I lost it because my baggage was lost in the airport. I again want to get a…
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges The chairman of the U.S. Securities and Exchange Commission (SEC), […]
Bitcoin struggled to gain momentum above $47,000 against the US Dollar. BTC started a fresh decline and dived to the $45,000 support zone. Bitcoin reacted to the downside after it formed a short-term top near $47,000. The price is trading below $46,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $46,600 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair must stay above the $45,000 support to avoid more downsides in the near term. Bitcoin Price Trims Gains Bitcoin price made another attempt to gain momentum above the $47,000 resistance zone. However, BTC failed to continue higher above $47,000 and reacted the downside. There was a downside break below the $46,000 support level and the 100 hourly simple moving average. The price declined below the $45,500 support to move into a short-term bearish zone. However, the bulls are now defending the $45,000 support zone. A low is formed near $45,048 and the price is now consolidating. On the upside, an immediate resistance is near the $45,450 level. It is near the 23.6% Fib retracement level of the recent decline from the $46,845 swing high from the $45,048 low. The next resistance could be near $45,800 or $45,900. The 50% Fib retracement level of the recent decline from the $46,845 swing high from the $45,048 low is also near the $49,950 level. Source: BTCUSD on TradingView.com Besides, there is a key bearish trend line forming with resistance near $46,600 on the hourly chart of the BTC/USD pair. Bitcoin price must clear the $46,000 and $46,600 resistance levels to gain bullish momentum in the near term. More Losses in BTC? If bitcoin fails to clear the $46,000 resistance zone, it could continue to move down. An immediate support on the downside is near the $45,200 level. The next major support is seen near the $45,000 level. A downside break below the $45,000 support zone could start a major decline. In the stated case, the price could even decline to $44,360 in the near term. The next major support might be $44,000. Technical indicators: Hourly MACD – The MACD is slowly losing pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is well below the 50 level. Major Support Levels – $45,200, followed by $45,000. Major Resistance Levels – $45,450, $46,000 and $46,600.
The Mooch called Bitcoin “an asset for freedom” while candidly speaking about his long-term optimism for the crypto industry and worries about American leadership.
The firm has built a new protocol called Taro to enable stablecoins to be sent and received on the Bitcoin Lightning Network.
